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Pay Flexibility
The ability of employers to adjust wages based on factors like performance, market conditions, or the company's financial status.
Flexible Employment
Employment arrangements that allow for variability in working hours, job duties, and/or work location to accommodate both employee needs and business demands.
Scientific Management
A management theory developed by Frederick W. Taylor aiming to improve economic efficiency and labor productivity through systematic study of workflows and tasks.
Flexible Specialization
A production approach emphasizing the adaptability and agility of firms and labor to shifting markets and production processes, often through the use of technology and skilled workforce.
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